Thomas Schmitt - Feb 2, 2022 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
President & CEO, Director
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Stock symbol
FWRD
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
2/9/2022, 05:42 PM
Previous filing
Sep 20, 2021
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Tax liability $0 -961 -2.82% $0.00 33.1K Feb 2, 2022 Direct F1
transaction FWRD Common Stock Tax liability $0 -827 -2.5% $0.00 32.2K Feb 4, 2022 Direct F2
transaction FWRD Common Stock Award $0 +9.02K +27.96% $0.00 41.3K Feb 8, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 2, 2022.
F2 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2022.
F3 Represents an award of restricted stock. The restricted stock vests in equal installments on February 8, 2023, February 8, 2024 and February 8, 2025.